As Chewy Proves, Pet Care ETF Has Online Retail, Coronavirus Benefits
April 06, 2020 at 12:10 PM EDT
The ProShares Pet Care ETF (CBOE: PAWZ) is one of a small number of ETFs with strong exposure to online pet retailer Chewy (NYSE: CHWY). Although Chewy shares retreated last week following the company’s fourth-quarter earnings report, it may be a case of investors overreacting and glossing...